ABSOLUTE AUCTION ABOVE $50,000 "Capitol Heights" 3 Bedroom Brick Rancher

13841_nova416_front2.jpg

Listing Details

Sold Price
$50,000
Auction Date
Auction Time
2:00 PM
Address
416 Nova Avenue, Prince George's County, MD, 20743
County
Prince George's County
Neighborhood
Capitol Heights
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

Use Mobile?
13841_nova416_street.jpg
13841_nova416_street.jpg
13841_nova416_front2.jpg

ABSOLUTE AUCTION
To the Highest Bidder Above $50,000
                                  
CAPITOL HEIGHTS


3 BEDROOM
BRICK RANCHER

Sale On Premises
416 NOVA AVENUE
Off Central Avenue (MD-214)
Prince George's County, MD 20743


WEDNESDAY, NOVEMBER 18, 2009
AT 2:00 P.M.


        NOTE:  The information contained herein has been obtained from sources deemed reliable and is believed to be accurate.  However, no express or implied warranty is made or may be inferred from any such representation.  Dimensions, square footage and acreage contained herein are more or less.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

LOCATION & DIRECTIONS:

416 Nova Avenue is located near the Maryland-District of Columbia line, southeast of Downtown Washington, DC.  The home is approximately 3 miles west of Capital Beltway (I-95/I-495) Exit 15B - Central Avenue and 5 blocks east of the DC line.  Metro subway stations are within walking distance.  The neighborhood is a short commute to employment centers throughout the metropolitan area.  Nearby public schools are Capitol Heights Elementary, Walker Mill Middle and Central High, according to the PGCPS web site.

For directions from your location, visit: maps.google.com

 

SITE AREA

Elevated rectangular lot - 60' x 115', comprising 0.16 acre
Zoning - R55, residential
All public utilities
Fenced rear yard

SUBDIVISION PLAT (pdf)

 

IMPROVEMENTS

All brick rancher, constructed in 1965 and believed to contain 950 square feet, 3 bedrooms and bath, requiring renovation.

 

REAL ESTATE TAXES

2009 published annual real estate taxes - $3,338, including a special tax assessment of $731

 

TITLE

In fee simple.  The property will be sold free and clear of liens.

 

INSPECTION TIME

One-half hour prior to time of sale.

 

TERMS OF SALE

A $5,000 deposit, payable by certified check or cashier's check, will be required of the purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office.  Balance to be paid in cash within 45 days.  If payment of the balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement.  All adjustments, including taxes, all other public charges and assessments payable on an annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser.  The property will be sold in "AS IS" condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  Purchaser assumes the risk of loss from the date of sale forward.  The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law.   If the Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit.  Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser.  Time is of the essence.


NO BUYER'S PREMIUM.


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

 

FINANCING

Call for pre-qualification:

Mr. Craig Kessler
Greentree Mortgage Corporation

2 Park Center Court - Suite 200
Owings Mills, Maryland  21117
410-654-3900 direct
410-702-4511 fax
ckessler@loanofficer.com